The process the Democrats are putting themselves through resembles John Maynard Keynes’ famous description of the stock market. The game isn't to figure out which stocks are most likely to do well, but to figure out which stocks other investors think are most likely to do well. . . . Something similar may be going on in the Democratic primaries. But the analogy breaks down, because only the Democrats are intent on figuring out what other people want. Republicans know what they want.
The Washington State Democrats are holding their Presidential Caucuses on Saturday, and Mike Kinsley exactly captures the paroxysms of self-doubt afflicting this caucusser ("caucusian"?):
I guess that’s what’s meant by